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MTN Nigeria signs 200 bln naira loan after debut Lagos listing

Published 17/05/2019, 12:03
Updated 17/05/2019, 12:10
MTN Nigeria signs 200 bln naira loan after debut Lagos listing

ABUJA, May 17 (Reuters) - MTN Nigeria MTNN.LG said on
Friday it has signed a 200 billion naira ($653 million) loan
with seven local banks, a day after it floated on the Lagos
bourse in a debut stock market listing.
The seven-year loan deal coordinated by Citibank C.N was
signed with a consortium of Access Bank ACCESS.LG , Guaranty
Trust Bank GUARANT.LG , Zenith Bank ZENITHB.LG , Fidelity Bank
FIDELIT.LG , FCMB FCMB.LG , United Bank for Africa UBA.LG
and First Bank FBNH.LG .

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